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Accumulated Other Comprehensive Loss (Tables)
 12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Components of Accumulated Other Comprehensive Loss

The following table presents the changes in the components of accumulated other comprehensive loss, net of tax:
($ in millions)
Losses on
cash flow
hedges
 
Unrealized gains
on investment
securities
 
Defined benefit
pension and other
postretirement plans
 
Foreign
currency
translation
 
Total
Balance, December 31, 2016
$
(3.2
)
 
$
5.2

 
$
(45.4
)
 
$
(143.4
)
 
$
(186.8
)
Other comprehensive (loss) income before reclassifications
(3.6
)
 
(4.7
)
 
6.3

 
68.8

 
66.8

Amounts reclassified out
2.6

 
—

 
0.1

 
—

 
2.7

Other comprehensive (loss) income, net of tax
(1.0
)
 
(4.7
)
 
6.4

 
68.8

 
69.5

Balance, December 31, 2017
(4.2
)
 
0.5

 
(39.0
)
 
(74.6
)
 
(117.3
)
Other comprehensive income (loss) before reclassifications
2.6

 
(0.1
)
 
(1.0
)
 
(39.2
)
 
(37.7
)
Amounts reclassified out
1.2

 
—

 
(0.4
)
 
—

 
0.8

Other comprehensive income (loss), net of tax
3.8

 
(0.1
)
 
(1.4
)
 
(39.2
)
 
(36.9
)
Balance, December 31, 2018
$
(0.4
)
 
$
0.4

 
$
(40.4
)
 
$
(113.8
)
 
$
(154.2
)
Reclassification out of Accumulated Other Comprehensive Loss
A summary of the reclassifications out of accumulated other comprehensive loss is presented in the following table ($ in millions):
Detail of components
 
2018
 
2017
 
Location on Statement of Income
Losses on cash flow hedges:
 
 
 
 
 
 
 Foreign currency contracts
 
$
(0.7
)
 
$
(1.3
)
 
Net sales
Foreign currency contracts
 
(0.5
)
 
(1.2
)
 
Cost of goods and services sold
Interest rate swap contracts
 
—

 
(0.7
)
 
Interest expense
Forward treasury locks
 
(0.4
)
 
(0.4
)
 
Interest expense
Total before tax
 
(1.6
)
 
(3.6
)
 
 
Tax expense
 
0.4

 
1.0

 
 
Net of tax
 
$
(1.2
)
 
$
(2.6
)
 
 
Amortization of defined benefit pension and other postretirement plans:
 
 
 
 
 
 
Prior service credit
 
2.0

 
2.1

 
(a)
Actuarial losses
 
(1.4
)
 
(2.3
)
 
(a)
Total before tax
 
0.6

 
(0.2
)
 
 
Tax expense
 
(0.2
)
 
0.1

 
 
Net of tax
 
$
0.4

 
$
(0.1
)
 
 
Total reclassifications for the period, net of tax
 
$
(0.8
)
 
$
(2.7
)
 
 

(a) These components are included in the computation of net periodic benefit cost. Please refer to Note 14, Benefit Plans, for additional details.